Everything else equal, if the ratio of bank assets to bank capital increases, the bank's return on equity should:
A. increase.
B. remain constant.
C. cannot be determined from the information provided.
D. decrease.
Answer: A
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A bank is able to make new loans equal to:
A. legal reserves of the bank B. required reserves of the bank C. total reserves of the bank D. excess reserves of the bank
Job analysis is typically conducted by _____.
A. experienced job incumbents B. HR specialist C. HR generalists and supervisors D. Supervisors and experienced workers
Lizzie's preferences are shown in the figure above. Lizzie definitely prefers consuming ________ to consuming ________
A) 1 comic book and 12 cookies; 4 comic books and 4 cookies B) 2 comic books and 12 cookies; 4 comic books and 8 cookies C) 4 comic books and 12 cookies; 2 comic books and 12 cookies D) 6 comic books and 12 cookies; 8 comic books and 16 cookies
The table below shows how the total utility that Alan derives from watching basketball games changes as he watches more and more games each week:
Basketball Games Total Utility Marginal Utility 1 55 2 85 3 110 4 130 5 145 6 155 Fill in the table above. Do the numbers in the table support the law of diminishing marginal utility? Explain.